Jack Dorsey’s Block completes development of 3nm Bitcoin mining chip, now targets full mining system

2024-4-24 21:39

Jack Dorsey's Block has completed its Bitcoin mining chip development, aiming to decentralize mining hardware supply and improve performance. The post Jack Dorsey’s Block completes development of 3nm Bitcoin mining chip, now targets full mining system appeared first on Crypto Briefing.

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Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency

On Feb. 18, mining rig manufacturing giant Bitmain Technologies announced its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BTC and BCH. According to Bitmain, the mining chip, called the BM1397, is more efficient when mining proof of work (PoW) coins and the new chips will be installed in the latest Antminer series of […] The post Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency appeared first on Bitcoin News.

2019-2-18 21:01


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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic.

2018-9-15 01:22


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Squire Partnership Gives Coingeek Exclusive Rights to 10nm ASIC Chip

On Wednesday, August 15, blockchain firm and mining organization Coingeek, led by entrepreneur Calvin Ayre, announced that the company has signed a deal with Canada-based Squire Mining Limited. Coingeek details the company will have exclusive rights to Squire’s new ASIC chips and mining rigs that mine bitcoin cash (BCH) and a variety of other cryptocurrencies.

2018-8-16 03:05


Crypto Mining Graphics Cards & ASIC Chip Suppliers Expect Sharp Decline in July

Sources, State that the slump that has recently happened in the cryptocurrency market is due to the lack of graphics card suppliers dropping their prices, tech outlet DigiTimes said on June 29th. The unknown sources stem from the “upstream supply chain” reported to DigiTimes that the recent sales of Asic cryptocurrency mining hardware has been […]

2018-7-3 03:11